Question

Does anyone know if a well known bank that allows you to create multiple savings accounts ? Kind of like an envelope system but through the bank ?  

Answer 1

Bank of America . They call it Goals. They r sub accounts.  

Comments

@nochur i cant seem to find this. Is this just online or do they let you get separate accounts and cards

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@connolly It wasn’t easy to find. But when I did it, it was online. I have a checking acct. with them. I am not home so I can’t look right this second but if you have an acct. with them it is online.  

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I found it using "erica" on the mobile app. thanks

Answer 2

Ally just made available multiple envelopes in the app. So cool you assigne money from saving and set up different categories

Answer 3

I think any of them.  

Answer 4

Huttington does

Answer 5

Some credit unions do.  

Answer 6

They have accounts called holiday savings or Christmas savings. You add money and can’t withdraw only once a year. I call it out of sight savings  every August you receive a check or a transfer to your checking. Then you start again for the year.  

Answer 7

Towel Federal credit Union, they even have a budgeting app just like Dave Ramsay's app. All your spending will allocate to each categories by itself. which is very cool!  

Answer 8

Navy Federal and USAA.  

Answer 9

Wright patt credit union does.  

Answer 10

As @sectarian has stated, My credit union, Wright-Patt does. I have three and am about to open a fourth. I believe most credit unions allow this.  

Answer 11

My credit union does!  

Answer 12

I have capital one. An have 7 opened savings accounts.  

Answer 13

Navy Federal Credit Union (for military and military family members).  

Answer 14

ALLY. com & Capital One

Answer 15

Capital one 360

Answer 16

Kemba Credit Union will.  

Answer 17

Capital 360

Answer 18

Thanks for the question awesome answers will be looking into them.  

Answer 19

Someone here had posted that their local bank does it and they get a card for each budget, I don’t remember what bank it was thou  

Answer 20

Most credit unions.  

Answer 21

Credit unions. I have 5 so far

Answer 22

Ally. I have 8 so far

Answer 23

I work for a local bank and from my understanding you can have as many accounts as you need. Ive seen people have 10+ open accounts.  

Answer 24

Capital one does! We have three savings accounts

Answer 25

First Midwest Illinois Bank in Galesburg does.  

Answer 26

Capital one 360

Answer 27

RBC does

Answer 28

Capital one 360

Answer 29

Our credit union allows multiple savings and checking accounts FREE

Answer 30

WaFed does, but there's a minimum balance requirement of $100 (for their basic savings account) to waive the monthly fee :/ they do have a free checking account with no minimum balance that you can open multiple of! WaFed is more western/south western section of the states from WA to Texas

Answer 31

Ally bank

Answer 32

Great Western Bank

Answer 33

City National Bank

Answer 34

Capitol one 360

Answer 35

Ally does now- you can add up to 10 buckets